Defenders of billionaires argue that penalizing the wealthy is bad public policy – the super rich are innovators and wealth creators who produce widespread employment and economic growth. Billionaires are also living proof that the long-cherished American dream is alive and well. We need to reward entrepreneurial vision and drive, and not demonize the rich.

“Billionaires are a product of a society that has given a tremendous power and wealth to a few while giving declining shares of this great socially-created wealth to many.”

– BHASKAR SUNKARA

“If you want to have more opportunities for your children, if you want higher standards of living, it’s going to come from a dynamic, capitalist economy where people innovate, partially, because they can become rich.”

– JAMES PETHOKOUKIS